Barwa Real Estate Group
Rank: 13
Sector: Real Estate & Construction
Date of establishment: 2005
Market value : $3.5 billion
Name: Abdullah Jubara Al-Rumaihi
Designation: Group CEO
Barwa Real Estate Group operates 3.6 million square meters of total built space. It also owns Al-Wasef Asset Management Company (Wasif). Barwa is 45% owned by Qatari Diar, which is owned by the Qatar Investment Authority. It had total assets of $9.9 billion as of September 2021, an 8.5% increase from the $9.1 billion as of December 2020. The firm also reported net profits of $203.9 million in the first nine months of 2021, a 2% year-on-year rise compared to 2020’s $199.8 million.